Baird/STR Hotel Stock Index Rises 0.7 Percent
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index rose 0.7 percent in April to a level of 5,925. Year to date through the first four months of 2022, the stock index increased 3.1 percent. “Hotel stocks increased modestly in April but were significant relative outperformers as the broader travel recovery accelerated, particularly domestically,” said Michael Bellisario, senior hotel research analyst and director at Baird. “Underlying hotel fundamentals continued their rebound in April, especially in some […]
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